Trend Indicators

CFED Assets & Opportunity Scorecard

Change in Homeownership Rate

Definition

Percentage change in homeownership rate, 2005-2011.

Description

A home is an asset that allows stability, fosters long-term thinking, and builds both financial equity and commitment to a neighborhood. Homeownership is also the primary means through which most Americans build wealth. This indicator tracks the change, over time, of the homeownership rate.